I'm in a similar situation. I do have faith that they will successfully develop the technology. I've seen no evidence, only BB moaners, to suggest otherwise. I just hope that when/should they succeed, the SP will rocket sufficiently to at least recover my investment.
Aren't the funds more for PVR's benefit? What percentage does LOGP receive? (sorry if that's already been discussed on this BB). I too want this SP to go sky high, but I'm just trying to remain realistic and not get giddy with exaggerated estimations.
Will be interesting to see how the market reacts to this latest piece of news, if it bothers to react at all. It's at least a 12 month wait for the outcome. I understand other things are going on in the meantime though.
RE: the Company can confirm that the RF technology was effective05 Sep 2019 07:52
The RF technology was effective. Therefore it does work. They may need to make some improvements, but they are continuing with the planning of the next stage in their plan. Impatient investors will go and sulk because they can't have their multi-bagger right now.